Private Equity Firm KKR in ‘Advanced Talks’ to Buy Simon & Schuster for $1.65 Billion (Report)

Private Equity Firm KKR in ‘Advanced Talks’ to Buy Simon & Schuster for $1.65 Billion (Report)

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Paramount Global is in advanced talks to sell Simon and Schuster, the nation’s No. 3 publishing house, to private equity giant KKR for $1.65 billion, The Wall Street Journal reported Friday. The news confirms earlier reports that the media conglomerate was looking to private equity to take over…

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